Which of the Following Is Not One of the Four

question 235

Multiple Choice

Which of the following is not one of the four main determinants of exchange rates in the long run?

• A)relative price levels across countries
• B)relative rates of productivity growth across countries
• C)preferences for domestic and foreign goods across countries
• D)speculating in currency markets

---

Definitions:

Mechanically Held

Refers to devices or components held in position or operated by mechanical means rather than by electrical power or magnetism.

Electrician

A skilled tradesperson who installs, maintains, and repairs electrical systems and components.

Pilot Device

Control equipment that directs the operation of another device or system, often based on user input.

Two-wired Motor

A motor that is designed to be connected and operated with two electrical wires, simplifying its electrical installation.